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Perdigao invests R$200mil in new Pork, Poultry lines

by 5m Editor
7 February 2003, at 12:00am

BRAZIL - The Brazilian food & meat products company Perdigao aims to invest further R$200mil in its agribusiness complex of Rio Verde (Goias), inaugurated last week.

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The resources will be targeted at the plant expansion and at the integrated production system until 2007. From the total, R$100mil will be financed by Banco do Brasil bank, with whom the company has recently firmed a letter of intents, and the remainder will be on resources.

With the new investment, the plant will have capacity to slaughter 100.8mil poultry and 1.5mil hogs per year in 2007. Currently, the slaughter is of 72mil poultry and 650,000 hogs per year.

Besides the unit expansion Predigao also predicts to set up new pasta, hamburgers and sausages production lines.

The integration system will have 220 new chicken farms, 90 hog farms and 290 cattle meat processing units. The prediction is Rio Verde to turn over R$720mil per year.

Source: O Globo/SABI via COMTEX - Friday 7th February 2003

5m Editor